MFS Africa, the continent’s largest digital payments network, has unveiled its new identity: Onafriq. According to the company, the rebranding is not just a name change but a reflection of the company’s evolution and its [c]
Seerbit, a pan-African payment solutions provider, has unveiled Alpha, a white-label product that makes it easier for financial institutions, travel and hospitality companies, online marketplaces and other businesses to drive growth and expedite the penetration [c]
Mastercard, a global technology company in the payments industry, recently announced its partnership with SomBank, one of the innovative financial institutions in Somalia. The purpose of the partnership is to promote the adoption of digital [c]
Nomba, a payment service provider for African businesses, has raised a $30 million Pre-Series B funding round to support the delivery of bespoke payment solutions for African businesses. The oversubscribed equity funding round was led [c]
The Code will be presented by the payee (the merchant) and scanned by the payer (the consumer). All transactions using the standard will be initiated by the consumer through scanning the Code presented by the merchant. The Code will not contain any customer information. [c]
Ibrahim is a business manager with experience in digital payments, consumer channel development, market segmentation, cross-border remittances, and product management. [c]
Today, businesses of all sizes, from roadside traders to large corporates, can no longer afford to not accept digital payments, says Zunaid Miya, the MD of South Africa-based fintech Hello Pay Mastercard’s New Payments Index 2022, [c]
Digital payments company DPO has announced the appointment of Judy Waruiru as MD for DPO Africa. In her new role, becoming effective in January 2023, Judy will be responsible for DPO business in more than [c]
MFS Africa has been granted three licences by the Central Bank of Uganda. The licences will enable the company to extend and deepen its offering in Uganda. The licences obtained are namely – PSP (Payment [c]
The Pesapal subsidiary in Uganda has received a Payment System Operator license from the Bank of Uganda as a follow-up to the National Payments Systems Regulation, 2021, Pesapal has been at the forefront of the [c]
By Akshay Grover COVID-19 has propelled the adoption of digital payment platforms for millions of people across the African continent. The need for contactless methods of making transactions, transformed what was once a nice-to-have into [c]
Datastream has announced the launch of its digital payment solution ‘Datastream Recharge’ to provide a seamless and unique option for Nigerians both at home and in the diaspora to settle all digital and lifestyle payment [c]
C-level executives, industry experts, policymakers and government officials at Huawei’s 2021 East Africa BFSI Summit to discuss the current challenges, business opportunities and identify solutions aimed at shaping the future of fintech. In attendance were [c]
DPO Group (DPO), Africa’s fastest-growing payment service provider (PSP), has finally been acquired by Network International, a globa enabler of digital commerce across the Middle East and Africa. In a landmark deal for the African [c]
Even with a high banked population and a multitude of electronic payment options available, the average South African still use cash for daily purchases and payments with an estimated 78-80% of transactions being in cash. [c]
Payment technology over the years has completely transformed how retailers operate. Thirty years ago, most retailers across Africa did not accept credit cards, and mobile money was still an idea. Over the past decade and [c]
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